Are you looking for a savvy investment on Oak Island? Well, OPPORTUNITY KNOCKS! This lot is only 500 yards from sandy toes access down a shaded road, with beaconing, beautiful Live Oak Trees . You can literally walk down your driveway, trot south to the Atlantic Ocean, and relish in those stellar sunrises and sunsets this paradise offers. This lot also comes with a profitable income producing residence. Yep, a vintage 70´s mobile home with a huge addition, that has endured countless storms. (They don't build them like this anymore) Not to mention, this is the least expensive residential property on the island! This eclectic beach treasure named ¨WhimSeaCal¨ is currently producing $1525 each month with the tenant paying utilities! It has 3 bedrooms and 2 full baths. You could be making money while you're waiting to build, could be a blank canvass for your own renovation and style, or perhaps when you see the inside, you may realize it's just perfect the way it is! Besides the beach, this location is mere minutes away from tons of Oak Island amenities including pickleball courts, tennis courts, basketball courts, water accesses, piers, boat launches, playgrounds, skating parks and MORE without those pesky, restrictive HOA fees and regulations. Oak Island is nestled in Wilmington NC and Myrtle Beach SC, offering EZ travel and mega shopping. Did you know Oak Island is also home to one of the most dog friendly beach towns? Oak Island is no longer a hidden gem, the secret is out. This is your time to buy into a great, rare investment opportunity that offers value in a myriad of ways.